Artificial intelligence initiatives would receive tens of millions of dollars in a draft settlement on a closely watched state legislative effort to make large platforms like Google and Meta fund California newsrooms.
The draft proposal, dated Saturday afternoon, would see California form a public-private partnership with Google and news publishers to fund in-state newsrooms and AI over five years. The partnership would provide over $300 million across five years, including at least $40 million annually for an unspecified “AI Innovation Accelerator” program managed by a “yet-to-be finalized” nonprofit.
The coming of state media...
